Daily Caller
American Energy Firms Are Counting Down The Days Until Trump’s Return
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From the Daily Caller News Foundation
By Ireland Owens
President-elect Donald Trump’s promise to “drill, baby, drill” in his upcoming administration appears to have American energy firms eagerly awaiting his return, according to a new survey.
On numerous occasions, Trump vowed to unleash American oil and made achieving “energy dominance” a key aspect of his next administration’s agenda. Responding to an anonymous survey conducted by the Dallas Federal Reserve, several energy executives said that they are optimistically awaiting the former president’s return to office, with many citing “positive regulatory changes” in their responses.
The survey noted a dramatic decline in its “outlook uncertainty index” with one respondent explaining, “The outcome of the 2024 presidential election removes the risk of the unknown.”
“There is more optimism looking at first quarter 2025 than first quarter 2024,” one respondent wrote. “Much of 2024 felt like a waiting game … We think the election results will be good for activity even if it’s just because operators and service companies have a clear direction for planning.”
“We are encouraged that the new administration in Washington, D.C., will enact some positive regulatory changes for offshore drilling in the U.S.,” another wrote.
President Joe Biden and Trump have had vastly different approaches to domestic energy policies, though one survey respondent claiming that the shifting political landscape is “helpful insofar as regulations,” considering Trump is likely to reduce the regulatory burden on oil firms. For this reason, many energy executives have in the past criticized Biden’s energy policy.
From his very first day in office, Biden has led a massive push to curb greenhouse gas emissions as part of his signature climate agenda. Biden introduced the Inflation Reduction Act in 2022, which unlocked hundreds of billions of dollars to subsidize various green energy projects. Trump has vowed to redirect unspent funding from the IRA, and previously dubbed the climate law “the green new scam.”
More recently, reports have surfaced claiming that Biden is considering a permanent ban on additional offshore drilling in some federal waters ahead of Trump’s return to office, potentially aiming to hamstring the incoming president’s energy plans.
“The recent election result is changing outlooks,” one respondent wrote. “The new administration will lift regulations, stop subsiding [subsidizing] green energy and seek LNG build-outs to place more demand on natural gas.”
While on the campaign trail ahead of the 2024 election, Trump pledged to revamp the U.S. energy sector, and repeatedly promised to “drill, baby drill” in a bid to increase domestic oil and gas production.
“We’re assuming that the new administration will encourage more development of oil and gas projects,” one survey respondent wrote.
In November, Trump nominated North Dakota Gov. Doug Burgum to head the Department of the Interior and Chairman of a new National Energy Council. The president-elect praised Burgum in a post on Truth Social, stating that he would play a key role in overseeing the “path to U.S. energy dominance.”
Additionally, Trump announced in November 2024 the nomination of Liberty Energy CEO Chris Wright to lead the Department of Energy and as a member of the new energy council. The president-elect said in a Truth Social post that Wright is a “bold advocate who brings rational thought to the energy dialogue.”
The Dallas Federal Reserve’s survey data was collected from Dec. 11–19, and included 134 energy firm respondents.
Daily Caller
NEWT GINGRICH: Europe’s Elites Were Finally Told To Take A Look In The Mirror
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From the Daily Caller News Foundation
By Newt Gingrich
In an amazing show of courage, Vice President J.D. Vance offered an intervention for some of our European allies.
That is the best way to think of the two historic speeches he made in France and Germany last week.
In Paris, Vice President Vance pledged the United States would do whatever it takes to lead the world in the development of Artificial Intelligence. He went on to assert that Europe’s automatic response to regulate technological change rather than adapt to it was doomed to fail.
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Vance warned the Europeans that the Trump administration would retaliate to protect American high-tech companies from being fined and regulated by the European community.
Then, Vance went to the Munich Security Conference. It is the annual meeting of European leaders concerned about defense and threats to peace. The Vice President shocked the Europeans by launching a frontal assault on the decay of their political system.
As Vance put it:
“But while the Trump administration is very concerned with European security and believes that we can come to a reasonable settlement between Russia and Ukraine, and we also believe that it’s important in the coming years for Europe to step up in a big way to provide for its own defense, the threat that I worry the most about vis-à-vis Europe is not Russia, it’s not China, it’s not any other external actor. And what I worry about is the threat from within, the retreat of Europe from some of its most fundamental values — values shared with the United States of America.”
He then went through a litany of specific complaints about the behavior of different European countries. They ranged from failing to control immigration, suppressing free speech, and Brussels seeking to control and define futures of independent countries such as Hungary and Romania.
The leading French newspaper, Le Monde (their equivalent of the New York Times) asserted that the American Vice President was declaring “ideological war on Europe.”
Le Monde was right. The European elites have been decaying for at least two generations. They hide behind their privileged status and take ideological positions that feel good but are destructive. Europe’s failures are devastating for most everyday Europeans.
I have personal knowledge about this. I have a Ph.D. in Modern European History – and I have lived in France, Germany, Belgium and Italy. As a young Army dependent, we were living in France when the French Army came back from Algeria, killed the French Fourth Republic and brought back General Charles de Gaulle to establish the Fifth Republic.
It is now the longest serving non-royal government in French history.
The European elites value each other’s opinions more than they value serving the people of Europe. The European elites live in a fantasy world of green policies that destroy industries and jobs, welfare policies which destroy the work ethic, and immigration policies which undermine the popular culture. They simply hope for a peaceful world without a strong military.
Meanwhile, state enforced speech codes protect Islamic extremists at the expense of local citizens.
The result has been a steady decline of European culture, economic development, and defensive capacity.
The Afghan Islamist who wounded more than two dozen people and killed a mother and her two-year-old daughter with a car two days before the supposed security conference signals the willful avoidance of reality at the heart of the elite European worldview.
To be clear, I admire European civilization. I believe America is far stronger and safer if Europe is healthy and capable of growing and defending itself.
I hope vice president Vance’s intervention at least starts European elites thinking about what must be done to revive their continent.
For more commentary from Newt Gingrich, visit Gingrich360.com. Also subscribe to the Newt’s World podcast.
armed forces
Trump fires chairman of Joint Chiefs of Staff, appoints new military leader
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From the Daily Caller News Foundation
By Mariane Angela
President Donald Trump announced Friday the dismissal of General Charles Brown, the current Chairman of the Joint Chiefs of Staff.
In a post on Truth Social, Trump expressed his gratitude toward Brown for his extensive contributions and leadership, wishing him and his family a prosperous future. Brown’s departure marks a pivotal moment in U.S. military leadership following over 40 years of service.
“I want to thank General Charles “CQ” Brown for his over 40 years of service to our country, including as our current Chairman of the Joint Chiefs of Staff. He is a fine gentleman and an outstanding leader, and I wish a great future for him and his family,” Trump wrote.
Simultaneously, Trump introduced his nominee for Brown’s successor.
“Today, I am honored to announce that I am nominating Air Force Lieutenant General Dan “Razin” Caine to be the next Chairman of the Joint Chiefs of Staff. General Caine is an accomplished pilot, national security expert, successful entrepreneur, and a “warfighter” with significant interagency and special operations experience,” Trump said.
Trump said Caine’s appointment comes after he was overlooked for advancement during former President Joe Biden’s presidency.
“General Caine was passed over for promotion by Sleepy Joe Biden. But not anymore! Alongside Secretary Pete Hegseth, General Caine and our military will restore peace through strength, put America First, and rebuild our military,” Trump said. President Trump also announced plans to appoint five additional senior military officials, tasks he has delegated to Secretary Hegseth.
It was reported Thursday that Hegseth plans to dismiss Brown as part of President Trump’s commitment to eliminate “wokeness” from the military. Brown reportedly appears on a list of proposed removals submitted to Congress.
Brown had previously expressed his wish to retain his position even after Trump took office, and according to sources speaking to NBC News in Dec. 2024, Trump seemingly moderated his views on the general. Biden nominated Brown as chairman in 2023, and despite a heated confirmation hearing where senators scrutinized his alleged implementation of racial quotas in Air Force hiring practices, he was confirmed.
Meanwhile, Brown’s replacement, Caine, took office as the associate director for Military Affairs at the CIA on Nov. 3, 2021, after serving as the director of Special Programs at the Pentagon. Lt. Gen. Dan Caine, an F-16 pilot with extensive experience including over 150 combat hours, was commissioned in 1990 and has held numerous key roles, from the White House staff to special operations, and balances his military career with entrepreneurial ventures.
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